Many analysts badmouthed China (I shrugged at this) and proclaimed that thousands of companies would leave China because of the US-China trade war. However, the UN statistics showed otherwise. Not only there was an increase in China's FDI but it leaped past the US's FDI. Therefore, this meant that many companies left the US instead because of the US-China trade war.
Furthermore, there are more companies willing to do business with China rather than the US. Money talks!
1 comment:
Yes, my 1/3 positions each into US, China, India is proving strong for 16 years. Have been on this breakdown roughly since 2004. They all have their own strengths & weaknesses, and complement each other well. Money talks!
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